Work your way backwards from the sales comps when all the improvements are in place.  

That is backwards, you should use your profit to determine what your offer should be.

Plan out the end strategy and timeline, and work backwards from there on what you need to do to achieve it.  

That is backwards, you should use your profit to determine what your offer should be.

Years ago I was a property and casualty underwriter for a major insurance company and learned that a number of people get the concept of insurance backwards.

Hi, I officially closed on my first investment property today and I think I am doing somethings backwards.

I do not plan on limiting myself to residential only, but plan on increasing my portfolio to commercial in the future; trying to ‘think big’ now and plan backwards.

Most of the time it's multifamily and it doesn't take long to "work backwards" to come up with a vague (ballpark) price.

I would think most GC s will gravitate to insurance work then work backwards.. and us fix and flip guys who need best pricing possible will be last on their list.

In my case, like a lot of people, I'm shooting for a certain amount of cash flow per month, so I'm always wanting to work backwards and figure out how much cash (in total) I need to get there, and then from there, approximately how many properties it will take to get there.